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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

Local authorities cashing in with CCTV fines

Councils are turning to CCTV cameras and spy cars to raise £312m in revenue, that’s according to Traffic Spies, a report published by civil liberties group, Big Brother Watch. Using a series of freedom of information requests, the group has discovered that many councils are continuing to use CCTV to hand out fines, despite the government’s Surveillance Camera Code of Practice, which highlights the need to use CCTV for traffic offences “sparingly”. Council parking ’spy car’ gets speeding ticket Cameras to catch illegal parking on the school run Yet despite this, the number of CCTV cars in operation has increased by 87% since 2009.

Volvo Concept Universe teased. Is this the Volvo S90?

The Volvo Concept Universe – could this be the Volvo S90? As you really can’t have failed to notice, we have two major motor shows looming – the 2011 New York Motor Show and the 2011 Shanghai Motor Show. Both are vying to host the best reveals and so far it seems honours are even.